Company Information

Get to know Enact Mortgage Insurance

Enact Mortgage Insurance, a subsidiary of the publicly-traded Enact Holdings, Inc. (Nasdaq: ACT), is a prominent U.S. private mortgage insurance provider. Formerly known as Genworth Mortgage Insurance, the company rebranded and became a standalone public entity in 2021. Enact's core business involves providing credit protection to lenders and investors, which helps mitigate losses from mortgage defaults. This insurance enables borrowers to purchase homes with a down payment of less than 20%, thereby expanding access to homeownership while managing risk for the mortgage industry.

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Financial InsurancePRIMARY
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Enact Mortgage Insurance

United States

Founded in

1981 (45 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.